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Embody, Inc. Announces $10.4 Million Series C Funding Round

PRIVATESep 20, 2022

Amount Raised

$10.4 Million

Round Type

Series C

NorfolkManufacturingBiotechnologyHealth CareMedical Device

Description

Embody, Inc., a privately-held medical device company focused on soft tissue healing, announced today that it closed a $10.4 million Series C funding round led by Genesis Innovation Group's cultivate(MD) Capital Funds LP. The financing will enable Embody to expand its world-class operations, post-market clinical studies of the recently launched Tapestry RC System for rotator cuff and prepare for the commercial launch of ActivBraidTM high-strength collagen-based suture technology in 2023.

Quick answer

Embody raised $10.4 Million in a Series C round, dated September 20, 2022. Embody is based in Norfolk, Virginia, United States.

How much did Embody raise?
Embody raised $10.4 Million in a Series C round on September 20, 2022.
What does Embody do?
Embody, the soft tissue healing company, is pioneering the next generation regenerative platform with novel collagen-based bio-fabrication techniques and products for the fast-growing sports medicine market.
Where is Embody based and how big is it?
Embody is based in Norfolk, Virginia, United States.

Source: Fundz verified event record.

Who else raised in Medical Device and Manufacturing around the same time

Companies in the same sectors as Embody that raised within 45 days of this round, from Fundz verified event records.

  • Biocoat raised an undisclosed amount on November 2, 2022.
  • Nusano raised $10M on November 1, 2022.
  • MED-X raised $100K on October 28, 2022.
  • Monteris Medical raised $73M (Debt Financing) on October 27, 2022.
  • OSSIO raised an undisclosed amount (Series C) on October 17, 2022.
  • Surmodics raised an undisclosed amount (Debt Financing) on October 17, 2022.

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Company Information

Company

Embody

Location

Monarch Way

Norfolk, Virginia, United States

About

Embody, the soft tissue healing company, is pioneering the next generation regenerative platform with novel collagen-based bio-fabrication techniques and products for the fast-growing sports medicine market. The global market for sports medicine products is expected to reach $11 billion by 2023. Embody's products focus on the most pressing patient needs: the repair of serious tendon and ligament injuries and are developed in close collaboration with some of the most advanced clinical thought leaders. Founded in 2014 and funded more than $23 million in DARPA & DOD funding, the company is developing unique biomaterials with an initial focus on orthopedic applications including foot & ankle, rotator cuff and knee ligament.

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Embody raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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